Georgia and ADB
In the Spotlight
ADB Vice-President Mr. Shixin Chen met with the Vice Prime Minister and Minister of Regional Development and Infrastructure Ms. Maya Tskitishvili and reaffirmed ADB’s commitment to support the country’s economic and social development.
The 5-year partnership strategy, from 2019–2023, supports the Government of Georgia’s overall development strategy to increase productivity and reduce poverty through closer economic integration with its neighbors and the rest of the world.
Clean air in Georgian cities, well-developed streets and green habitat for people — these are some of the themes that can be found in a new calendar featuring drawings by young students of an elementary school in the country. Download the calendar
Located at the crossroads of Europe and Asia, Georgia has become an important node for regional trade flows. The Government of Georgia has taken steps to deregulate the economy, streamline bureaucracy, and combat corruption. Committed to a more inclusive growth process, the government has considerably increased social sector funding and made public expenditure transparent. Yet, despite solid economic growth, poverty and unemployment continue to impede Georgia’s development.
The key development priorities of ADB in Georgia are to foster inclusive and sustainable economic growth, accelerate poverty reduction, and enhance regional connectivity. Priority sectors include transport, water supply and sanitation, energy, public sector management, and finance.
In October 2016, Georgia became the 11th member of the Central Asia Regional Economic Cooperation (CAREC).
Projects in Georgia
- Strengthening Regional Cooperation and Knowledge Sharing on the Application of Technology in Financial Services
- East–West Highway (Shorapani–Argveta Section) Improvement Project
- Livable Cities Investment Program
- Developing a Disaster Risk Transfer Facility in the Central Asia Regional Economic Cooperation Region
- Strengthening Urban Investment Planning and Capacity for Project Preparation and Implementation in Central and West Asia
- East-West Highway (Khevi–Ubisa Section) Improvement Project
- Improving Domestic Resource Mobilization for Inclusive Growth Program (Subprogram 3)
- Asian Development Outlook 2016-2018 - Asian Development Outlook 2017 (Subproject 2)
- Development of Public–Private Partnerships
- Asian Development Outlook 2016-2018 - Asian Development Outlook 2016 (Subproject 1)